A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage & Finance on Monday, alleging the Warren Buffett's Berkshire Hathaway Inc. subsidiary systematically approved unaffordable manufactured home loans that set borrowers up for failure.

Warren Buffett, Chairman and CEO of Berkshire Hathaway ... Vanderbilt is a unit of Berkshire’s Clayton Homes, which is the nation’s largest builder of manufactured homes. Both Vanderbilt and Clayton are based in Tennessee. “For 50 years, Vanderbilt ...

The US government has sued a unit of Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers into unaffordable loans—so customers would buy homes from the company’s manufactured housing business.

The U.S. Consumer Financial Protection Bureau sued a lender owned by Warren Buffett's Berkshire Hathaway on Monday, accusing it of pushing borrowers into unaffordable mortgages to buy homes from Clayton Homes,

Vanderbilt relied on unrealistic expectations of what borrowers would need financially after making their mortgage payment, according to the complaint.

A lawsuit alleges that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes.

The Consumer Financial Protection Bureau accused Tennessee-based Vanderbilt Mortgage & Finance of ignoring red flags in mortgage applications.

The US government has sued a unit of Warren Buffett’s Berkshire Hathaway ... filed the lawsuit Monday against Berkshire’s Clayton Homes manufactured housing division. The complaint alleges ...

The Consumer Financial Protection Bureau (CFPB) said that Vanderbilt Mortgage & Finance trapped "people in risky loans."

Right now, interest rates and housing prices are still high across the board, but some types of homes could lose value in the next 12 to 18 months. This could be good news if you’re a ...

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